CUK are to generate some money via a lottery.
I think this is to off set any poltental loss when the gov grants are withdrawn and the membership declines?
https://www.cyclinguk.org/make-a-differ ... 0a%20prize.
We in the money?
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Philip Benstead
- Posts: 2049
- Joined: 13 Jan 2007, 7:06pm
- Location: Victoria , London
We in the money?
Last edited by Philip Benstead on 8 Oct 2024, 4:44am, edited 2 times in total.
Philip Benstead | Life Member Former CTC Councillor/Trustee
Organizing events and representing cyclists' in southeast since 1988
Bikeability Instructor/Mechanic
Organizing events and representing cyclists' in southeast since 1988
Bikeability Instructor/Mechanic
Re: We in the money?
Cycling UK/CTC have been running fundraising lotteries for at least the last 30 years to my knowledge - probably much longer.Philip Benstead wrote: ↑5 Oct 2024, 11:42am CUK are to generate some money via a lottery.
I think this is to off set any poltental loss when the gov grants are withdrawn and the membership declines?
https://www.cyclinguk.org/make-a-differ ... 0a%20prize.
In the bad old days they used to dispatch unsolicited books of tickets in with the magazine, together with instructions to members to sell the tickets to friends and family then send the money in, a technique I found cheeky bordering on arrogant. (My ticket allocation always went straight in the shredder.) At least they don't do that any more.
Why is this suddenly a big thing for you?
Re: We in the money?
I registered to play the Cycling UK lottery but ran a mile once I'd read the rules.
Rule 5.6: You may cancel your entry into the Lottery by notifying Gatherwell in writing or by e-mail (or via any other methods specified by Gatherwell from time to time). Upon receipt of this notice Gatherwell will;
(a) Cancel future Direct Debit payments as soon as is reasonably practicable.
(b) In accordance with the Act and as described in Rule 3.3 any payments made prior to such cancellation taking effect but which have not been used to pay for Chances in previous Draws will be used to pay for entry for your Chances into future Draws.
5.7 Gatherwell may cancel your entry into the Lottery (in its absolute discretion) at any time. Gatherwell will notify you accordingly as soon as reasonably practicable and will reimburse any amounts which have been paid but relate to future Draws. Other than the reimbursement of any such amounts, Gatherwell shall not be liable for any loss or damage (including loss of the opportunity to enter the Lottery and / or the right to receive a prize) suffered by you in relation to such cancellation.
"Cancel future direct debit payments as soon as reasonably practicable" Reasonably practicable for whom?
Why is it not possible to just buy one-off tickets as and when? I don't want any third party taking money from my bank account and me only being able to cancel when it's 'reasonably practical' for them to do so.
Rule 5.6: You may cancel your entry into the Lottery by notifying Gatherwell in writing or by e-mail (or via any other methods specified by Gatherwell from time to time). Upon receipt of this notice Gatherwell will;
(a) Cancel future Direct Debit payments as soon as is reasonably practicable.
(b) In accordance with the Act and as described in Rule 3.3 any payments made prior to such cancellation taking effect but which have not been used to pay for Chances in previous Draws will be used to pay for entry for your Chances into future Draws.
5.7 Gatherwell may cancel your entry into the Lottery (in its absolute discretion) at any time. Gatherwell will notify you accordingly as soon as reasonably practicable and will reimburse any amounts which have been paid but relate to future Draws. Other than the reimbursement of any such amounts, Gatherwell shall not be liable for any loss or damage (including loss of the opportunity to enter the Lottery and / or the right to receive a prize) suffered by you in relation to such cancellation.
"Cancel future direct debit payments as soon as reasonably practicable" Reasonably practicable for whom?
Why is it not possible to just buy one-off tickets as and when? I don't want any third party taking money from my bank account and me only being able to cancel when it's 'reasonably practical' for them to do so.
Re: We in the money?
In this case, Gatherwell. The information enabling direct debit runs is submitted by the originator to the banks some days in advance. Once submitted the originator cannot make changes.
You can always cancel a direct debit with your bank, typically up to the day before the payment is due. Payment day itself is usually considered too late.
Re: We in the money?
There's been a growing number of these lotteries over the last couple of years, it's because the Gaming Commission made some changes to the way they could be run. I wouldn't draw any conclusions about CUK's finances from the introduction of this one.
I don't like them, I don't like to mix my gambling with my charity, but they do seem to be a money spinner. I particularly don't like that Shelter are running one, considering how addiction plays a role in many peoples homelessness it feels inappropriate.
I don't like them, I don't like to mix my gambling with my charity, but they do seem to be a money spinner. I particularly don't like that Shelter are running one, considering how addiction plays a role in many peoples homelessness it feels inappropriate.